Solartec contracted a public auction sale with Maynards conducting the sale. The auction was held in Salem, Ohio. The industrial equipment included in the auction was shears, brakes, brake dies and punches, and more. The auction was conducted on short notice. Maynards was given less than 30 days to market and advertise the industrial equipment assets.
At the time of the auction, there was little demand for large bed presses. However, Maynards was able to negotiate the sale of a large bed press including the feed system and second roll out bolster. The auction was webcast in real time in cooperation with Bid Spotter for buyers around the globe, via the internet, while others participated from their home or office.
Solartec® is a registered trademark and Property of Solartec. Any use of the trademark name is only for comparison reasons. Maynards company is in no way associated with this trademark. Products and company names mentioned herein may be trademarks of other companies.